Iiflinsurance26 Aug, 2021Finance
A 1 crore term insurance plan is a policy that provides an insurance cover of Rs 1 Crore. When other types of life insurance policies offer a high sum assured of 1 crore, they demand a high premium. However, in the case of a term plan, you can get the same sum assured at a considerably lower premium. These plans are, of course, regulated by IRDAI and available both online and offline. Let?s understand the 1 crore term plan in detail.
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